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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.


CSE:CACR - Post by User

Bullboard Posts
Post by pickdawinneron Oct 20, 2014 12:46pm
389 Views
Post# 23043758

Noront to build winter road from Martin Falls to Eagles Nes

Noront to build winter road from Martin Falls to Eagles Nes

Noront to build winter road from Martin Falls to Eagles Nest?

posted on Oct 20, 14 12:25PM

Mining company teams up with First Nation for new winter roadNORTHWEST

By tbnewswatch.com

https://www.tbnewswatch.com/News/364104/Mining-company-teams-up-with-First-Nation-for-new-winter-road

RING OF FIRE, Ont. -- One of the players still active in this Far North region is now teaming up with Marten Falls First Nation to help build a new winter road.

Officials with Noront Resources hope to build its Eagle's Nest nickel mine, and the company also owns the rights to some of the chromite deposits in the rich mining area.

Chief Operating Officer Paul Semple says they've recently acquired a mining camp from Cliffs Natural Resources, which halted its mining activity last year.

The company is now waiting for an environmental assessment to begin, and for permits to be approved.

In the meantime, Semple says Noront is looking to carry out some pre-construction activity, including a new winter road from Marten Falls to the mine site.

Semple adds that if it's approved, the construction on the road would begin this winter. But there's still no set timeline for constructing a permanent route to the Ring of Fire, or opening a mine there.


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